Blog - Page 4276 of 5694

FridayFeb 06, 2009 1:46 pm

Convergence Technologies Inc. (CNVC.PK) CEO Announces Change of Focus

Today after the closing bell, Warren Stroud, President and CEO of Convergence Technologies Inc., issued the following letter to shareholders: Dear Shareholders: After taking a close look at our strengths and weaknesses, we came to the conclusion that we were not fully utilizing our major assets - our management team and our public company. Realizing this, we have modified our business plan. Convergence Technologies Inc. will be changing its focus from being a vertically-integrated voice to voice company to becoming a conglomerate with a voice to voice division. We are now actively involved in a number of non-telephony related ventures,…

FridayFeb 06, 2009 12:28 pm

GWS Technologies Inc. (GWSC.OB) is “One to Watch”

Founded in 2005, GWS Technologies, Inc. is a renewable energy technology company developing and marketing solar and wind-powered alternative energy products and solutions. Their name, GWS, stands for "GreenWindSolar". They trade on the OTCBB and have their corporate headquarters in Scottsdale, Arizona. GWS Technologies Inc. has a growing line of solar and wind-powered products. These include handheld devices that can recharge an iPod to a backyard wind turbine for point-of-use alternative energy generation. GWS is working hard to build on their position as a leader in the emerging "microgeneration marketplace". Microgeneration, or "micropower", is the generation of zero or low-carbon…

FridayFeb 06, 2009 12:20 pm

Omniture, Inc. (OMTR) Stock Up More than 20% on Positive Financial Results

Yesterday, Omniture announced its financial results for the fourth quarter and fiscal year ended December 31, 2008. Omniture achieved record revenues during the fourth quarter, totaling $83.0 million, a 93% increase over the $43.1 million reported for the fourth quarter of 2007. "We are seeing real proof points that our transition from a web analytics company to an optimization company has been completed. For example, our annual deal size has increased by over 50% from 18 months ago and 50% of our bookings are now coming from up-sells and cross-sells of optimization products to our existing customers," commented Josh James,…

FridayFeb 06, 2009 9:14 am

Skyworks Solutions, Inc. (SWKS) Announces Successful Q1 FY 2009

Yesterday after the closing bell, Skyworks Solutions announced that revenue for the first fiscal quarter of 2009 totaled $210.2 million, compared to the $210.5 million generated during the same period a year earlier. More impressively, the company reported Non-GAAP diluted earnings per share for the quarter was $0.17, $0.02 better than consensus estimates. David J. Aldrich, President and CEO of Skyworks, stated, “…Skyworks delivered solid financial performance and outperformed in the first fiscal quarter of 2009 driven by accelerating energy management program ramps, new analog component product launches and smart phone demand. During the quarter we generated $75 million of…

FridayFeb 06, 2009 9:05 am

Aeolus Pharmaceuticals, Inc. (AOLS.OB) Reports First Quarter Fiscal Year 2008 Financial Results

Today, Aeolus Pharmaceuticals announced that it has generated a net loss of $459,000, or $0.01 per basic share, for the three months ended December 31, 2008. This compares to a loss of $641,000, or $0.02 per basic share, for the three months ended December 31, 2007, a decrease of 28%. John L. McManus, President and CEO, stated, “Results for the quarter continue to demonstrate our success in reducing overhead and successfully partnering with universities and the government to further the development of AEOL 10150. While making wise use of our cash is important, it is also critical that we move…

FridayFeb 06, 2009 8:42 am

Hunt Gold Corp. (HGLC.PK): Where are Gold Prices Going in the Future?

Although many would have expected Silver and Gold to be hitting all time highs during the recent market turmoil over the financial system, both metals have actually been hit pretty hard. Silver has fallen the most, going from $19.55 an ounce in July of last year to just less than $8.50. What made this happen? Although there are theories of manipulation and governmental interference, we will focus on what is 'known'. First, hedge funds were forced to sell their positions in the market as their clients withdrew their funds. Many of these institutions were highly leveraged, causing an even greater…

FridayFeb 06, 2009 6:53 am

Axial Vector Energy Corp.’s (AXVC.PK) Majority Owned Joint Venture with Constellation Capital Management

Recently, Axial Vector Energy Corp. announced that it has entered into a Joint Venture Agreement with Constellation Capital Management, LLC (“Constellation”) of Novato, Calif. The Joint Venture is 80% owned by Axial Vector and will have the exclusive right to market the company’s proprietary generating equipment to replace existing generators in the United States wind power industry. Retrofitting existing U.S. wind power projects with AVEC generators will result in substantial increases in power generation, revenues and profits. Axial Vector’s proprietary coreless axial flux permanent magnet generators have significant efficiency advantages when compared to the generators currently being used within the…

FridayFeb 06, 2009 6:16 am

The Status of Kraig Biocraft Laboratories, Inc. (KBLB.OB) Technology and Expected Time Frames

Kraig Biocraft Laboratories has their focus on developing high performance polymers and technical fibers. The company is utilizing their proprietary genetic engineering technology to develop and produce polymers and protein-based materials, including spider silk, which may have numerous commercial and consumer applications. The company possesses coded gene sequences that relate to spider silk production and is currently working on injecting this material into silkworm eggs. The team at the University of Notre Dame, led by Dr. Fraser, has recently been strengthened to further refine the microinjection process as well as increase the number of microinjections preformed. In most recent news,…

ThursdayFeb 05, 2009 2:08 pm

The Children’s Internet Inc. (CITC.OB) is “One to Watch”

The Children's Internet Inc. dedicates their efforts to creating an Internet environment that fully realizes the promise and educational potential of the Web. They work to do this with the reassurance and safety that parents demand for their children. Trading on the OTCBB, the company has their headquarters in Gold River, California. Their portal is at www.thechildrensinternetinc.com. The Company is the exclusive marketer and distributor of The Children's Internet® membership based service created just for kids. The Children's Internet Inc. developed their vision of a "Kid-Wide Web". It balances protection, education, and fun. Children can explore the Internet safely, free…

ThursdayFeb 05, 2009 10:21 am

Vital Products, Inc. (VTLP.OB) Approached by $300 Million International Manufacturer to Develop Bio-Based Packaging System

Today, Vital Products, Inc., a multi-channel innovator in the industrial packaging sector, announced that has begun collaborating with a $300 million international manufacturer to potentially design and develop a bio-based foam in place packaging system. Vital Products Chief Executive Officer, Michael Levine stated, "The system is a pre-filled package containing our bio-based foam thus eliminating the use of a dispensing system. This technology offers an innovative and highly protective packaging with no equipment or start up costs." Mr. Levine added, "Now that we have begun sales of our bio-based foam we are always looking for new markets to utilize our…

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